Eaton Vance Municipal Bond Fund
EIM
110 hedge funds and large institutions have $306M invested in Eaton Vance Municipal Bond Fund in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 59 reducing their positions, and 16 closing their positions.
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1% less funds holding
Funds holding: 111 → 110 (-1)
7.79% less ownership
Funds ownership: 35.15% → 27.36% (-7.8%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
73% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 59
90% less capital inflows, than outflows
Capital inflows: $10.2M | Capital outflows: $97.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.94M |
| 2 |
Mackay Shields LLC
New York
|
+$1.98M |
| 3 |
Private Advisor Group
Morristown,
New Jersey
|
+$764K |
| 4 |
Millennium Management
New York
|
+$532K |
| 5 |
Evergreen Capital Management
Bellevue,
Washington
|
+$484K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
-$22.1M |
| 2 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$11.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$7.71M |
| 4 |
Icon Advisers
Greenwood Village,
Colorado
|
-$7.11M |
| 5 |
Bramshill Investments
Naples,
Florida
|
-$6.71M |
EIM Hedge Fund Activity: Q2 2019 in Review
110 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q2 2019, worth a combined $306M — down 22% from $392M a quarter earlier.
Fund positioning in EIM was balanced in Q2 2019: 16 funds opened new positions, 16 closed out, 16 added to existing stakes and 59 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $3.94M. The largest seller was Karpus Investment Management, cutting an estimated $22.1M.
- 110 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q2 2019, down from 111 in Q1 2019.
- Funds reported $306M of Eaton Vance Municipal Bond Fund stock for Q2 2019, down 22% quarter-over-quarter.
- 16 funds opened new Eaton Vance Municipal Bond Fund positions in Q2 2019 and 16 closed out, a net change of 0 holders.
- The largest Eaton Vance Municipal Bond Fund buyer in Q2 2019 was Fiera Capital (Canada), an estimated $3.94M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q2 2019 was Karpus Investment Management, an estimated $22.1M sold.
Based on aggregated 13F filings for Q2 2019.